A company has taxable income of 1760 with a tax rate of 38


A company has taxable income of $1,760 with a tax rate of 38 percent. Owners equity is: $400 in stock, $200 in capital surplus, and $200 in retained earnings. What is the return on equity (ROE)?

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Finance Basics: A company has taxable income of 1760 with a tax rate of 38
Reference No:- TGS0920561

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